PPP Loan information for Vocational development center inc

$1,585,330

Vocational development center inc was initially approved for PPP Loan of amount $1,585,330, the current approved amount is $1,585,330. The loan was approved on 04/03/2021 by The Availa Bank reported 300 jobs and $1,585,330 was used to fund payroll.

Vocational development center inc is Existing or more than 2 years old

VOCATIONAL DEVELOPMENT CENTER INC

Date Approved

04/03/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

VOCATIONAL DEVELOPMENT CENTER INC

Borrower Address

612 S Main St

Borrower City

Council Bluffs

Borrower State

IA

Borrower Zip

51503-6509

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1585330.40

Current Approval Amount

1585330.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24654

Servicing Lender Name

Availa Bank

Servicing Lender Address

126 W 6th St

Servicing Lender City

CARROLL

Servicing Lender State

IA

Servicing Lender Zip

51401-2341

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Council Bluffs

Project County Name

POTTAWATTAMIE

Project State

IA

Project Zip

51503-6509

CD

IA-04

Jobs Reported

300

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1585325.40

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

24654

Originating Lender

Availa Bank

Originating Lender City

CARROLL

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1598365.34

Forgiveness Date

02/03/2022

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